DRIFT Energy
Latest round
- Seed
Last raised
- Apr 2024
Total raised
- $5M
Investors
- 1
About DRIFT Energy
Based in London, UK, and founded in 2021 by Ben Medland (CEO), DRIFT Energy is a renewable energy power producing firm. that generates hydropower using ocean waves. The firm serves companies operating in heavy industries, small island nations, shipping operators, and superyacht owners. The company generates and transfers hydropower by cruising around tradewinds, harvesting energy from underwater turbines, and storing the energy feeds on an on-board Megawatt class electrolyzer to manufacture and store Gigawatts of Green Hydrogen. This energy is then delivered via yachts that use the firm's routing software, which employs AI-based routing algorithms.
Who invested in DRIFT Energy
1 investor across 1 round
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Funding rounds
Seed
Apr 2, 2024
Amount
$5M
Investors
Questions about DRIFT Energy
Who invested in DRIFT Energy?
DRIFT Energy has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has DRIFT Energy raised?
DRIFT Energy has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did DRIFT Energy last raise money?
DRIFT Energy's most recent round on record is a Seed, in Apr 2024.
What does DRIFT Energy do?
Based in London, UK, and founded in 2021 by Ben Medland (CEO), DRIFT Energy is a renewable energy power producing firm.
Where is DRIFT Energy headquartered?
DRIFT Energy is headquartered in London, UK.
Which VCs invest in companies like DRIFT Energy?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back renewable energy companies at DRIFT Energy's stage. Their profiles are linked below.
VCs backing renewable energy startups at Seed
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